In 1698 the Parliament of Scotland, in one of its last acts before the nation lost its political identity, decided to establish a noble trading company and sett

It started and ended with a financial catastrophe. The Darien disaster of 1700 drove Scotland into union with England, but spawned the institutions which transf

The Price of Scotland covers a well-known episode in Scottish history, the ill-fated Darien Scheme. It recounts for the first time in almost forty years, the hi

The Company of Scotland and its attempts to establish the colony of Caledonia on the inhospitable isthmus of Panama in the late seventeenth century is one of th

In defiance of the king and in the face of English hostility, the Scottish parliament set out to establish a colony in Central America. This dream of William Pa